Whenever I come across these type situations and if I still want to do the deal I have the borrower sell the property to me for the loan amount and allow him to buyback the property if all payments are made and the “loan” is paid off.  

Besides this, rather boring, pastime of writing code, I also happen to be extremely passionate about real estate, more specifically multifamily and I decided to launch a new project to develop an MVP of software solution that is tailored to the needs of property managers. 

Would the piers alone be a turn off to investors when thinking about the long term ie. renters, or selling the property.

The new law re-writes the eviction process by placing more hurdles (procedures) in the landlords path to re-possessing their property.

Practice these answers until they roll off the tongue.

But it was reported on your joint tax return with your wife (as long as you file a joint tax return). 

Of course the new bill allowing us to possibly sell off either property is enticing but not sure how to value that either.

I am also a real estate agent now who will be able to buy and list my own properties..I would like to BRRRR if it makes sense on the refi to pay off the LOC, or sell for a quick turn around.Thoughts/suggestions?

Most seller's get more than what they'd expect on market verses off market deals.

Purchase price: $350,000 Cash invested: $20,000 Sale price: $385,000 Single Family - Off Market DealFall River MA What made you interested in investing in this type of deal?